Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V or Article VIII hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the Seller shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Utstarcom Inc), Asset Purchase Agreement (Utstarcom Inc), Asset Purchase Agreement (Audiovox Corp)
Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V or Article VIII VII hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the Seller other party shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 2 contracts
Samples: Investment Agreement (Mayors Jewelers Inc/De), Investment Agreement (Henry Birks & Sons Inc)
Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V II or Article VIII hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the Seller Sellers shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 1 contract
Samples: Stock Purchase Agreement (Lincoln Educational Services Corp)
Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V II or Article VIII VII hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the Seller Sellers shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 1 contract
Samples: Stock Purchase Agreement (Lincoln Educational Services Corp)
Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V VII or Article VIII IX hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the Seller Sellers shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 1 contract
Payments on Behalf of Affiliates. Payments made or received by the Purchaser pursuant to Article II, this Article V VI or Article VIII hereof shall, in appropriate circumstances, be made on behalf of, or received in trust for the benefit of, the relevant Affiliate of the Purchaser. The Purchaser may direct in writing any such payment to be made by or to the appropriate Affiliate, and the each Seller shall comply with any such direction received at least two Business Days prior to the date such payment is due.
Appears in 1 contract